Bank Of China Ltd Luxembourg branch selects the Olympic Banking System

By Leandra Monteiro

ERI recently announced that Bank of China Ltd Luxembourg Branch (BOC) has signed for the OLYMPIC Banking System to be deployed as the new platform to support BOC’s custody and clearing business going forward.

“We are delighted and honoured to have been chosen by Bank of China, especially given the demands of the evaluation process. Implementing the OLYMPIC Banking System, a modern state-of-the-art platform, enables the optimisation of processes and therefore profitable growth of business, while cost-effectively meeting the ever-increasing demands of regulators,” announced Alan Goodrich, ERI’s Regional Sales Manager. “BOC will be able to benefit from the OLYMPIC Banking System’s award-winning core strengths of efficiency and compliance, together with its open service-oriented architecture (SOA) and API approach.”

ERI is an international company specialising in the development, distribution and support of the integrated, real-time banking, securities custody and wealth-management software package: OLYMPIC Banking System®. Operating in many of the major financial centres, ERI is present in Luxembourg, Geneva, Zurich, Lugano, London, Singapore and Paris.

ERI is focused on providing comprehensive, quality software with effective system implementation assistance and efficient ongoing maintenance and support for clients worldwide.

More than 400 banks and financial institutions across over 60 countries in Europe, the Middle East, Africa, the Americas and Asia have already chosen the OLYMPIC Banking System®.